Bank of India Chandigarh

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About Bank of India

Every bank has a story to tell be its foundation, growth or the change of guard from time to time. Similarly, Bank of India (BOI) has some story that will unfold before you. From a paid-up capital of lakhs to revenues in crores, BOI has made handsome business over the years. A lot of credit must go to the way it has designed its products to cater to people with different tastes and preferences.

Started by influential businessmen in 1906 in Mumbai to maximising its presence through branches nationally and internationally, one would have to say the bank has travelled 360 degree. A set up in Mumbai to serving the customers through over 5,000 branches and 50 zonal offices in India along with presence in 22 countries shows the way for other banks to follow.

And when talk about its presence on the lands of ‘Punjabis’, your own city Chandigarh, BOI has 10-20 branches to bank with. So, don’t let your dreams be dreams alone. Realise it by stepping out to your nearest Bank of India branch and enjoy a new lease of life with all your wishes fulfilled. For your reference, a list of notable branches of Chandigarh is shown in the table.

Bank of India Branches in Chandigarh

Branch NameComplete AddressIFSCMICRContact Detail
Sector 17Banks Square, Sector 17, Chandigarh, Pin-160017BKID00062001600130010172-2702853, 2704018
Sector 20Sector 20, S.C.F. - 9, Sector 20-C, Chandigarh, Pin-160020BKID00062011600130030172-2706746, 2708826
Sector-32Sector-32 (Chandigarh), S.C.O.290- 291, Chandigarh, Pin-0172-2601359BKID00062021600130040172-2601359, 2601591
Sector 35Sector 35, Sco 415-416, Sector35 C, Chandigarh, Pin-160022BKID00062031600130020172-2668915, 2668916
Chandigarh Hi Tech Branch181-182, Ground Floor, Sector 17-C, ChandigarhBKID00062061600130070172-2703311
Chandigarh Service BranchChandigarh Service Branch, Bank Square, Sector-17, Chandigarh, Pin-160117BKID00062061600130070172-2704018, 2711910
Sector 40S.C.O. 323, Sector 40D, Chandigarh, Pin-160036BKID0006207160013011
Chandigarh Retail HubS.C.O. 81-82, Sector 17-B ChandigarhBKID00062081600130120172-2724610
Sector 47Sector 47, S.C.O. No. 113, Sector 47 C, Chandigarh, Pin-160047BKID00062101600130140172-5025647
Sector 31Sector 31, Star House S.C.O. 76-82, Sector 31A, Chandigarh-160030BKID0006211160013021

Products Offered by Bank of India in Chandigarh

An extensive line of products are waiting for you at Bank of India in Chandigarh. You can make your life merry by choosing from products like personal loan, home loan, car loan, loan against property and others. If you want to check out the details of the bank’s offerings in Chandigarh, you must take a look at the table outlined below.

Basic Details of Bank of India in Chandigarh

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
BOI Star Home LoanSalaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligibleUpto ₹ 5 Cr8.75% - 8.80%0.25% of the loan amount
Minimum- ₹ 1,000+service tax as applicable

Maximum-₹ 20,000+service tax as applicable
Upto 30 Years
BOI Star Personal Loan SchemeSalaried employees, professionals, pensioners are eligibleUpto ₹ 5 lakhs-10 lakhs12.00% - 14.00%2% of the loan amountUpto 3 years in most cases. In some exceptional case, the maximum tenure goes upto 5 years
BOI Star Vehicle Loan Salaried employees, professionals, NRIs are eligibleUpto ₹ 50 Lakhs-2 Crores9.25%₹ 500 per application+service tax as applicableUpto 7 years
BOI Star Loan Against PropertySalaried, self-employed, partnership firms, people with high net worth are eligible48 times of average monthly gross salary for salaried

4 times of average net annual income for last 2-3 years in the case of self-employed
10.50%-11% p.a.-Upto 15 years
BOI Star Vidya LoanStudents should be an Indian national and must have got admission to a higher education course in recognized institutes in India or overseas₹ 10 lakhs in India

₹ 20 lakhs abroad
8.50%-9.00% p.a.No processing fee for studies in India. However, overseas study comes with a fee of ₹ 1,000
10-15 years

Documents Required to Avail Loans from Bank of India in Chandigarh

DocumentsSalariedSelf-employed
BOI Star Home LoanIdentity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement

Property Documents Like Cost Estimation, Property Map, etc
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-ITR, Audited Balance Sheet and Profit & Loss A/C Statement for the Last 3 Years

Property Documents Like Cost Estimation, Property Map, etc
BOI Star Personal Loan SchemeIdentity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement
BOI Star Vehicle Loan Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Income Proof-ITR, Audited Balance Sheet and Profit & Loss A/C Statement for the Last 3 Years
BOI Star Loan Against PropertyIdentity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement

Equitable Home Security
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Income Proof-ITR, Audited Balance Sheet and Profit & Loss A/C Statement for the Last 3 Years

Equitable Home Security

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